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Reaction to the federal budget

Canada's Finance Minister Jim Flaherty delivers his budget in the House of Commons on Parliament Hill in Ottawa March 29, 2012. The budget took aim at Canada Mortgage and Housing Corp., the Crown corporation that controls about 75% of the mortgage default insurance market.

Photograph by: Chris Wattie/Reuters
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"This is the largest budget we have done. It is looking at the longer term."

"The continuation of these Conservative policies will leave the greatest economic, ecological and social debt in our history in the backpacks of future generations."

-Mulcair on the budget as a whole.

"It's a budget that plays a real shell game with Canadians because it takes money away in some areas and then pretends it's adding on."

- Interim Liberal leader Bob Rae

"If you're a member of Parliament or a government employee and you've got some negotiating heft, then you still have a chance of hanging on to a gold-plated pension. If you're over the age of 50, you just had your retirement postponed by two years."

- Gregory Thomas, Canadian Taxpayers Federation

"I give this budget a B-plus. . . . This budget really gets the federal government under control reasonably soon."

Canada's Finance Minister Jim Flaherty delivers his budget in the House of Commons on Parliament Hill in Ottawa March 29, 2012. The budget took aim at Canada Mortgage and Housing Corp., the Crown corporation that controls about 75% of the mortgage default insurance market.